After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more
As SPAC mania continues to branch into more areas of auto tech, autonomous vehicle developers are steering towards this alternative route to the public market. Lidar (light detection and ranging) and autonomous vehicle technology is relatively early...read more
With the government shutdown temporarily over, the SEC opened on Monday and IPO launches began to trickle onto the calendar, including billion-dollar biotech Alector (ALEC) and Virgin Trains USA (VTUS) . The first IPO...read more
Gores Metropoulos, a blank check company formed by dealmaker Dean Metropoulos and The Gores Group, targeting the consumer products and services industries, raised $375 million by offering 37.5 million units at $10, as expected. Each unit consists of...read more
28 SPAC mergers that have outperformed in 2023
After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more
Lidar love: Autonomous vehicle startups steer towards SPACs
As SPAC mania continues to branch into more areas of auto tech, autonomous vehicle developers are steering towards this alternative route to the public market. Lidar (light detection and ranging) and autonomous vehicle technology is relatively early...read more
US IPO Weekly Recap: The SEC opens and New Fortress Energy is first through the door
With the government shutdown temporarily over, the SEC opened on Monday and IPO launches began to trickle onto the calendar, including billion-dollar biotech Alector (ALEC) and Virgin Trains USA (VTUS) . The first IPO...read more
The Gores Group's blank check Gores Metropoulos prices $375 million IPO at $10
Gores Metropoulos, a blank check company formed by dealmaker Dean Metropoulos and The Gores Group, targeting the consumer products and services industries, raised $375 million by offering 37.5 million units at $10, as expected. Each unit consists of...read more